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  • 1 week ago
Warren Buffett isn't at all concerned about de-dollarization, based on his comments in recent years.

The famed investor expects the dollar to remain the world's reserve currency for decades to come.

However, he's warned against printing too much money and eroding the currency's value.
Transcript
00:00daily finance news news for everyday finance and business briefs welcome to usa finance daily
00:11warren buffett isn't worried about the dollar's dominance he predicted it would still be the
00:16world's reserve currency in 2065 warren buffett isn't at all concerned about the dollarization
00:21based on his comments in recent years dot the famed investor expects the dollar to remain the
00:26world's reserve currency for debt is in danger several experts said warren buffett isn't worried
00:31about so-called the dollarization based on his bullish comments about the buck over the past
00:35decade we are the reserve currency i see no option for any other currency to be the reserve currency
00:41he was referring to many countries holding large amounts of dollar reserves governments around the
00:46world consider the greenback to be a safe and stable store of value which they can rely on to conduct
00:51international commerce dot buffett was even more emphatic during the birkshire meeting in 2015
00:55foreign
00:56foreign
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